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Bulls Target Close Above 100-DMA...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Target Close Above 100-DMA
Improved risk appetite underpinned which saw USDJPY clear the 100-dma &
trendline resistance to Y111.58. A close above here today opens a run at the
112.00 level, ahead of previous broken channel base support-turned-resistance at
112.12. Bears need a downside break of 110 to return the focus to the Mar 25 low
at 109.71.

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